Is Bank Mandiri (BMRI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| DJIM | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| MSCI | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| S&P | Excluded — Banks - Regional | ✗ NOT HALAL | |||
| FTSE | Excluded — Banks - Regional | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 58.8% | |
| Net Margin | 38.9% | |
| Return on Equity (ROE) | 19.1% | |
| Return on Assets (ROA) | 2.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $206.5T |
| Free Cash Flow | $199.0T |
| Total Debt | $218.8T |
| Total Assets | $2829.9T |
Price & Trading
| Last Close | IDR 4,840.00 |
| 50-Day MA | IDR 4,962.50 |
| 200-Day MA | IDR 4,782.62 |
| Avg Volume | 184.0M |
| Beta | -0.0 |
|
52-Week Range
IDR 4,010.00
| |
About Bank Mandiri (BMRI)
PT Bank Mandiri (Persero) Tbk provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands. It offers savings and current accounts, multicurrency, payroll, NOW, and foreign currency savings accounts; personal, mortgage, micro enterprise, small and medium enterprises, working capital, and investment loans; corporate, credit, and debit cards; and e-banking services. The company also provides life, health, and accident insurance products, as well as investment products; cash management, bill collection, payment, trade finance, money transfer, remittance, and wealth management services; and treasury services, including cash transaction, hedging, and investment products. It operates branch offices, sub-branch offices, and overseas branch offices; and ATM facilities. The company was founded in 1998 and is headquartered in Jakarta, Indonesia.
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Frequently Asked Questions
Is Bank Mandiri (BMRI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Bank Mandiri is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Bank Mandiri's debt ratio?
Bank Mandiri's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Bank Mandiri's key financial metrics?
Bank Mandiri has a market capitalization of $444.3T, trailing P/E ratio of 7.9, and revenue of $140.2T. Return on equity stands at 19.1%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.